Discouraged workers are discouraged because
A) their employers continue to underpay them.
B) they are working part-time, but they want full-time work.
C) they don't have jobs and are pessimistic about their chances of finding a suitable job.
D) their employers are too demanding.
C
Economics
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Eric is maximizing his total utility with choices of two goods: clothes and food. His marginal utility of clothes is 60 and his marginal utility of food is 12 . The price of clothes is $20 . What must be the price of food?
a. $12 b. $6 c. $4 d. $1 e. $0
Economics
Suppose the Environmental Protection Agency issues pollution permits in order to limit the quantity of pollution. Under this policy, is the supply of pollution rights perfectly elastic or is it perfectly inelastic?
Economics